Reducing the pipe dimension from 5/4" to 3/4" affects water flow due to increased resistance in the narrower pipe, which can reduce flow rates along its length. The inner surface of the pipe creates friction that slows down water, and a larger diameter allows for less surface contact, resulting in smoother flow. While ignoring pressure and head loss simplifies the analysis, it overlooks significant factors that impact flow dynamics. The distance from the heating device where the reduction occurs can influence flow characteristics, suggesting that proper planning is essential for optimal performance. Ultimately, while the question posed suggests no difference when ignoring losses, practical considerations indicate that pipe size and layout are critical for efficient operation.